--AMR Corp. has obtained about $5 billion of liquidity and financing through secured debt, convertible debt, and common stock offerings since the end of the second quarter. --These actions, and initial signs of improving airline traffic and yield trends, have allayed our concerns over the company's near-term liquidity outlook. --We are affirming our corporate credit ratings on AMR and subsidiary American Airlines Inc. --We are removing all ratings from CreditWatch, where we placed them with negative implications on July 22, 2009. We also are taking various rating actions, including selected downgrades, on American's pass-through certificates, reflecting reduced collateral coverage. --The long-term ratings outlook is negative, reflecting AMR's still very weak financial profile and vulnerability to renewed revenue deterioration or sharp
